Practicing Success

Target Exam

CUET

Subject

Accountancy

Chapter

Cash Flow Statement

Question:
What will be the cash flow from operating activities if net profit is ₹40,000 after writing off goodwill ₹7,000 and loss on sale of furniture ₹2,000?
Options:
₹40000
₹70000
₹47000
₹49000
Correct Answer:
₹49000
Explanation:
Cash flow from operating activities = 40000 +7000+ 2000 = ₹49000